Schroder Investment Management Group reduced its position in shares of LiveRamp Holdings, Inc. (NYSE:RAMP – Free Report) by 0.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,628,482 shares of the company’s stock after selling 22,101 shares during the period. Schroder Investment Management Group’s holdings in LiveRamp were worth $86,845,000 at the end of the most recent quarter.
A number of other institutional investors have also modified their holdings of RAMP. Strs Ohio acquired a new stake in LiveRamp during the first quarter worth approximately $31,000. State of Wyoming purchased a new position in shares of LiveRamp during the 1st quarter worth $49,000. Prudent Man Advisors LLC acquired a new stake in shares of LiveRamp during the second quarter worth $208,000. Jump Financial LLC purchased a new stake in shares of LiveRamp in the first quarter valued at $209,000. Finally, Jacobs Levy Equity Management Inc. acquired a new position in LiveRamp in the first quarter valued at $212,000. Institutional investors and hedge funds own 93.83% of the company’s stock.
Wall Street Analyst Weigh In
Several equities analysts recently weighed in on RAMP shares. Cross Research set a $53.00 target price on LiveRamp in a research report on Tuesday, November 4th. Morgan Stanley increased their price objective on shares of LiveRamp from $30.00 to $33.00 and gave the stock an “equal weight” rating in a report on Thursday, November 13th. Weiss Ratings reissued a “hold (c)” rating on shares of LiveRamp in a research report on Tuesday. Zacks Research raised shares of LiveRamp from a “hold” rating to a “strong-buy” rating in a research report on Thursday, November 20th. Finally, Wells Fargo & Company lifted their price target on shares of LiveRamp from $31.00 to $34.00 and gave the company an “equal weight” rating in a report on Friday, November 7th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, LiveRamp presently has a consensus rating of “Hold” and an average price target of $43.50.
Insiders Place Their Bets
In related news, CTO Mohsin Hussain sold 12,734 shares of the stock in a transaction on Monday, September 8th. The stock was sold at an average price of $27.94, for a total value of $355,787.96. Following the completion of the sale, the chief technology officer directly owned 63,409 shares in the company, valued at approximately $1,771,647.46. This represents a 16.72% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 3.31% of the company’s stock.
LiveRamp Stock Performance
RAMP opened at $28.85 on Friday. LiveRamp Holdings, Inc. has a 1 year low of $22.82 and a 1 year high of $36.08. The firm has a 50 day moving average price of $28.22 and a 200 day moving average price of $29.67. The company has a market cap of $1.84 billion, a PE ratio of 131.14 and a beta of 1.01.
LiveRamp (NYSE:RAMP – Get Free Report) last released its quarterly earnings data on Wednesday, November 5th. The company reported $0.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.07. LiveRamp had a net margin of 1.89% and a return on equity of 2.21%. The company had revenue of $199.83 million during the quarter, compared to the consensus estimate of $197.31 million. During the same period in the previous year, the firm earned $0.51 earnings per share. LiveRamp’s revenue for the quarter was up 8.1% on a year-over-year basis. LiveRamp has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. On average, sell-side analysts predict that LiveRamp Holdings, Inc. will post 0.48 earnings per share for the current year.
LiveRamp Profile
LiveRamp Holdings, Inc, a technology company, operates a data collaboration platform in the United States, Europe, the Asia-Pacific, and internationally. The company operates LiveRamp Data Collaboration platform enables an organization to unify customer and prospect data to build a single view of the customer in a way that protects consumer privacy.
See Also
- Five stocks we like better than LiveRamp
- Where to Find Earnings Call Transcripts
- Meta Platforms May Ditch NVIDIA Chips—Here’s Why Investors Care
- What Investors Must Know About Over-the-Counter (OTC) Stocks
- SoFi Technologies: From Fintech Speculation to Profit Engine
- Differences Between Momentum Investing and Long Term Investing
- Gold to $5,000? What Bank of America and UBS Have to Say
Want to see what other hedge funds are holding RAMP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for LiveRamp Holdings, Inc. (NYSE:RAMP – Free Report).
Receive News & Ratings for LiveRamp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LiveRamp and related companies with MarketBeat.com's FREE daily email newsletter.
